Recently published research from Business Monitor International, "Vietnam Power Report Q1 2015", is now available at Fast Market Research
Boston, MA -- (SBWIRE) -- 01/28/2015 -- There are significant opportunities for independent power producers (IPPs) turbine manufacturers and private investors in Vietnam's thermal power generation sector - particularly the coal segment. A flurry of private sector activity in the coal sector will be supported by rapid growth in electricity demand and market deregulation, as well as delays to nuclear expansion and insuf ficient domestic gas supplies.
The thermal generation segment in Vietnam will continue to offer sizeable opportunities for investors and equipment suppliers. A number of large-scale power projects have advanced in recent months - with institutional investors and utilities entering the sector in order to benefit from the huge growth potential.
This is just a snapshot of the type of opportunities on offer to investors. Our views on the thermal power sector - particularly the coal segment - are underpinned by some key factors.
- We forecast that electricity consumption in Vietnam will grow at an annual average of 8.5% between 2014 and 2023 and the government will continue to encourage investment in coal-fired capacity in order to meet demand. Vietnam's Master Plan VII predicts that the country will need 75,000MW of installed capacity by 2020. Although we do not believe that Vietnam will meet this target, it does serve as an ambitious statement of intent.
- Although we forecast that Vietnam will rely on gas for 44% of electricity generation in 2014, we expect gas-fired generation to lose share to coal over our 10-year forecast period. This view is predicated on the fact that Vietnam's self-sufficiency in gas is likely to come to an end by 2015 unless new discoveries are made. Furthermore, plans to bring two liquefied natural gas (LNG) terminals online have been slow to progress.
- On October 12 2014, Vietnam state utility Vietnam Electricity (EVN) announced that it had requested permission from the government to raise power prices. An increase in electricity prices in Vietnam...
View Full Report Details and Table of Contents
The Vietnam Power Report features Business Monitor International (BMI)'s market assessment and independent forecasts covering electricity generation (coal, gas, oil, nuclear, hydro and non-hydro renewables), electricity consumption, trade, transmission and distribution losses and electricity generating capacity.
The Vietnam Power Report also analyses the impact of regulatory changes, recent developments and the background macroeconomic outlook and features competitive landscapes comparing national and multinational operators by sales, market share, investments, projects, partners and expansion strategies.
- Use BMI's independent industry forecasts for Vietnam to test other views - a key input for successful budgeting and strategic planning in the power market.
- Target business opportunities and risks Vietnam's power sector through our reviews of latest power industry trends, regulatory changes, and major deals, projects and investments in Vietnam.
- Assess the activities, strategy and market position of your competitors, partners and clients via our Competitive Landscape analysis.
BMI Industry View
Summary of BMI?s key industry forecasts, views and trend analysis, covering power markets, regulatory changes, major investments, projects and company developments.
Industry SWOT Analysis
Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the power sector and within the broader political, economic and business environment.
BMI?s Power Forecast Scenario
Forecasts to end-2024 for all key indicators, supported by explicit assumptions, plus analysis of key downside risks to the main forecasts:
- Generation: Electricity generation total, thermal, coal, natural gas, oil, nuclear, hydropower, hydro-electric pumped storage and non-hydropower renewables.
- Transmission and Distribution Losses: Electric power transmission and distribution losses.
- Trade: Total imports and exports.
- Electricity Consumption: Net consumption.
- Electricity Capacity: Capacity net, conventional thermal, nuclear, hydropower and non-hydroelectric renewables.
BMIs Power Risk Reward Index
BMIs Risk Reward Indices provide investors (power companies, service companies and equity investors) looking for opportunities in the region with a clear country-comparative assessment of a market?s risks and potential rewards. Each of the country markets are scored using a sophisticated model that includes more than 40 industry, economic and demographic data points to provide indices of highest to lowest appeal to investors,
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